The well Established LG has Already Named its Newest CEO

A founding family member has been named by LG as its newest CEO after recording profit losses in its mobile phone division. According to the South Korean company, Koo Bon-Joon, as the head of trading firm of LG international will take over for Nam Yong who just recently resigned from the CEP post because of poor performance. With the surprising news of the company’s newest CEO, the stock market prices of LG rose but with a lot of record losses to recover, the LG has still a long way to go.